Word: losses
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Dates: during 1940-1949
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...Geoffrey, a free-enterpriser, wanted to build the first Comet for the government without government interference. To win that freedom, along with the necessary government contract, he risked a heavy loss by accepting a penalty clause. If the Comet was not completed on time and did not perform as specified, he would have to pay the cost himself. He won the bet. He reckons that his Comet can cut the New York-to-London run to six hours, make the round-trip possible in one day. As a result of such enterprise, Sir Geoffrey last week was getting...
...magazines and their unusually good sales, you say: "The trend was so terrific that some of the old-style confession magazines confessed that they were in trouble." Presumably the trouble referred to was financial trouble, inasmuch as you quote from my midyear letter to our stockholders which reported a loss in the second quarter of 1949 of $11,635, after showing a profit in the first quarter...
...specialty shops. Like Greenfield, Odium had also gone into the department-store business during the depression. He had spent $750,000 expanding Franklin Simon, opening branches in Atlanta, Washington, Cleveland, Bridgeport, Garden City, East Orange. He lifted its gross from $10 million to $20 million, turned a $148,000 loss into a 1948 profit of $306,000. He had sold out because "we don't like to stick with any proposition more than three to ten years. We had done all we could with Franklin Simon...
...syndicate was even more annoyed and upset than Harper's Bazaar. It accused Vogue of breaking by three weeks a "gentlemen's agreement" on the fashion release date, indignantly described the action as "a moral abuse of confidence." What worried the French designers was the prospective loss of thousands of dollars' worth of business: they were afraid that U.S. designers would flood the U.S. market with copies before their originals could make the boat. At week's end, the syndicate had reportedly decided on a stern punishment: banning Editor Jessica Daves of the American edition...
Consolidated was buffeted by labor troubles, had money-losing contracts to deliver Convair-240s, its two-motored commercial airliners. Though Odium expected some loss on the contracts, which had been signed before he took over, he soon found that he had underestimated such losses by . $13 million. All in all, Consolidated piled up losses of $35.7 million in 1947 and $10.3 million last year...